Trust, administration and fiduciary services provider Ocorian has been authorised to act as a depositary to Alternative Investment Funds (AIFs) in Luxembourg in addition to its depositary capabilities in London and Jersey.

Regulatory approval from the Luxembourg Ministry of Finance was received on 29 October 2019. Ocorian's depositary service offering presents an attractive proposition for: EU AIF managers; and non-EU based investment managers wishing to market their EU or non-EU AIFs in the EU.

Before receiving regulatory approval in Luxembourg, Ocorian has been offering depositary services to AIFMs since 2014. Ocorian...